Kuwait Energy
EL-12-211107
mD
Millidarcies (a measure of rock permeability)
MDT
Modular Dynamic Tester (a wireline logging tool)
MM
Million
MMBbl
Million barrels
MMcm
Million cubic metres
MMscf
Million standard cubic feet
MMscfd
Million standard cubic feet per day
MMstb
Million stock tank barrels
MOG
Ministry of Oil and Gas (Oman)
Mscf
Thousand standard cubic feet
mya
Million years ago
n/a
Not applicable
NGL
Natural gas liquids
NHEPL
New Horizon Exploration and Production Ltd
NIOC
National Iranian Oil Company
NPV
Net Present Value
NPV10
Net Present Value at 10% annual discount rate
ODT
Oil down to
OPEX
Operating Expenditure
OSP
Oil sales price
p.a.
Per annum
PDO
Petroleum Development Oman
PSC
Production Sharing Contract
psi
Pounds per square inch
psia
Pounds per square inch (absolute)
P10
Value with a 10% probability of being exceeded
P50
Value with a 50% probability of being exceeded
P90
Value with a 90% probability of being exceeded
RUB
Russian Rouble (currency unit)
scf
Standard cubic feet
SOMO
State Oil Marketing Organisation (Iraq)
SRP
Sucker rod pump
ss
Sub sea
SSSV
Sub-surface safety valve
ST
Side track
stb
Stock tank barrel
STOIIP
Stock tank oil initially in place
T
Tonnes
TPAO
Türkiye Petrolleri Anonim Ortakligi
TYC
The Yemen Company
Undev
Undeveloped
US$
United States Dollar
VAT
Value Added Tax
WI
Working Interest
WIP
Water injection project
1C
Low estimate of Contingent Resources
